Surprise: Mac iWorm Spreads through Pirated Apps

8:50 AM, Oct. 6th, 2014 · · Reports

When news of Mac.BackDoor.iWorm for the Mac hit the Web last week, the way the  malware threat spread was still something of a mystery, but that's been uncovered now, too: pirated software. Like so many other malware threats, attackers are using the promise of free software as a trojan horse to trick victims trying to save a buck into installing the iWorm payload.

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Using pirated software as a trojan horse to install iWorm doesn't come as a surprise at all. Using stolen software is bad not only because hard working developers don't get paid for their work, but also because you could infect your Mac with malware.

18K Macs Hit with iWorm Botnet

4:08 PM, Oct. 3rd, 2014 · · Reports

Over 18,000 Macs around the world have been hit with a new malware threat called Mac.BackDoor.iWorm, or iWorm, that could let hackers steal data or use victim's computers in denial of service attacks on other servers. iWorm also uses Reddit.com as part of its system, although Reddit itself hasn't been hacked.

Deutsche Bank Lowers AAPL Target, Says no Surprises Coming

9:27 AM, Oct. 3rd, 2014 · · Reports

Deutsche Bank analyst Sherri Scribner lowered her target price for Apple's stock from US$105 to $102 because she doesn't see any new product surprises coming from the company. She thinks the company could have trouble beating investor expectations for iPhone sales, and that there won't be any new product announcements before the end of the year.

Evercore Raises AAPL Target on Strong iPhone 6 Demand

10:31 AM, Oct. 1st, 2014 · · Reports

Evercore Partner analyst Rob Cihra raised his target price for Apple's stock to US$125 in response to stronger than expected iPhone 6 and iPhone 6 Plus sales. He now expects Apple to sell 39 million new iPhones during its fiscal fourth quarter, which ended on September 30, and 65 million units during the December quarter.

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Analysts seem pleased with iPhone 6 demand, but it looks like they won't be really happy until they see new iPads ship.

Apple Tells Developers to Submit their OS X Yosemite-compatible Apps

10:03 AM, Oct. 1st, 2014 · · Reports

Apple is signaling we're much closer to the official launch of OS X Yosemite by telling developers it's time to start submitting their app updates now. Calling for Yosemite-compatible app submissions is one of the last steps ahead of an official rollout, as is the release of Gold Master OS candidates — which has also happened.

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Considering iCloud Drive is essentially hobbled for most iOS 8 users without OS X Yosemite, this launch can't come soon enough.

Apple Releases Shellshock Security Update for Mavericks, Mountain Lion, Lion

5:45 PM, Sep. 29th, 2014 · · Reports

Apple released security updates for Bash in OS X Mavericks, Mountain Lion, and Lion Monday afternoon to address the Shellshock flaw that became big news last week. Bash is a command line shell for OS X's UNIX underpinnings, and Shellshock could potentially give attackers an exploit to gain access to servers and user's computers.

Shellshock Flaw Poses Big Security Threat for Mac, other Unix Systems

9:06 AM, Sep. 25th, 2014 · · Reports

Move over, Heartbleed, because here comes Shellshock. This security threat has the potential to be even bigger than Heartbleed because of the way it lets attackers remotely access victims computers through the Bash command line shell for Unix and Linux, plus it potentially affects Mac OS X and the iPhone, iPad, and iPod touch.

Strong iPhone 6 Sales Boost Canaccord’s AAPL Target to $115

2:44 PM, Sep. 22nd, 2014 · · Reports

Following Apple's announcement that it sold over 10 million iPhone 6 and iPhone 6 Plus smartphones over its launch weekend, Canaccord Genuity analyst Michael Walkley raised his target price for the company's stock from US$112 up to $115 citing demand for the new models.